LEBANON

Lebanese Minister Says Oil Subsidy Will Continue Despite Economic Difficulties

The Lebanese Minister of Industry and Oil, Mr. Victor Kasir, has ruled out the possibility of withdrawing the government subsidy on petroleum products, despite recent calls by various groups to do so in an effort to put an end to the illegal flow of products out of the country and to reduce the mounting losses incurred by the government. Mr. Kasir said that a decision on the subsidy would require the...